Friday, 24 February 2017

Court orders forfeiture of $9.8m recovered from former NNPC GMD, Yakubu to FG

Federal High Court sitting in Kanoon Tuesdayordered the forfeiture of the sum of $9,772,00 recovered from a former Group Managing Director ofthe Nigerian National Petroleum Corporation, NNPC, Andrew Yakubu, to the Federal Government.The order was sequel to an ex parte application by the EFCC seeking an interim forfeiture of the recovered money to the Federal Government.

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